Forex Daily Forecast, Analysis and Prediction

The DAX recovers from a Monday pullback, supported at 21,000 euros, as traders stay bullish on Germany's economic resilience despite global market turmoil.

Silver remains volatile in a range-bound pattern, with resistance at $31 and support at $28.75, as traders navigate global uncertainty and risk-off sentiment.

Bitcoin stabilizes near $100K after tech-driven selling, with traders anticipating continued consolidation and potential buying opportunities on dips.

Gold pulls back at the start of the week, facing resistance at $2,800, as traders await key central bank decisions to provide clarity and direction.

EUR/USD faces strong overhead resistance ahead of key central bank meetings, with traders eyeing 1.06 as a breakout level and 1.03 as major support.

The British pound struggles to break above the 1.25 resistance level, with technical signals pointing to potential downside ahead of the upcoming Federal Reserve decision.

USD/JPY fell sharply as investors sought safety in the yen, but a daily close above ¥155 could signal renewed bullish momentum targeting higher resistance levels.

The USD/CAD pair finds support at 1.4350 as traders eye Canadian economic challenges and upcoming central bank decisions, with bullish momentum favoring the US dollar.

The US dollar continues to show strength against the Swiss franc, holding above the 0.90 level, as SNB rate cuts and EU economic weakness drive demand for USD.

The Turkish lira continues its decline to record lows against the US dollar, driven by interest rate cuts and economic concerns, with traders monitoring key resistance at 35.75.

The EUR/USD pair consolidates near 1.0490, with traders adopting a cautious stance ahead of critical Fed and ECB policy announcements and key economic data releases.

The USD/JPY pair fell following the BOJ’s rate hike, with traders watching support at 154.90 and resistance at 156.80 as focus shifts to the upcoming US Fed announcement.

GBP/USD climbed to 1.2501 after better-than-expected UK economic data, but lingering economic concerns and expected BoE rate cuts may cap further upside.

Gold prices are approaching the critical $2800 resistance level, driven by inflation concerns and a weakening US dollar, with analysts forecasting further gains toward $3000.

The USD/MXN surged in early trading amid renewed tariff threats from the U.S., with market sentiment turning cautious and traders anticipating heightened volatility.